Lehar Footwears Balance Sheet Health
Financial Health criteria checks 4/6
Lehar Footwears has a total shareholder equity of ₹949.1M and total debt of ₹596.5M, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are ₹2.3B and ₹1.3B respectively. Lehar Footwears's EBIT is ₹149.1M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹80.1M.
Key information
62.8%
Debt to equity ratio
₹596.47m
Debt
Interest coverage ratio | 2.6x |
Cash | ₹80.10m |
Equity | ₹949.07m |
Total liabilities | ₹1.35b |
Total assets | ₹2.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532829's short term assets (₹1.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 532829's short term assets (₹1.5B) exceed its long term liabilities (₹198.8M).
Debt to Equity History and Analysis
Debt Level: 532829's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: 532829's debt to equity ratio has reduced from 75.7% to 62.8% over the past 5 years.
Debt Coverage: 532829's debt is well covered by operating cash flow (23.6%).
Interest Coverage: 532829's interest payments on its debt are not well covered by EBIT (2.6x coverage).